HONG KONG—Chinese conglomerate HNA Group has put up for sale property assets worth at least $11 billion, according to documents seen by Reuters, accelerating a push to cut its large debt and restructure.
Two sets of documents reviewed by Reuters listed more than 80 assets that HNA has either put up for sale or intends to sell, including hotels and commercial and residential buildings. They are mostly within China, with the bulk of them located in Hainan Island, where HNA is headquartered.
